Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Westbrook to Be Honored By the City of Los Angeles
Russell Westbrook will be honored by the city of Los Angeles for his remarkable career and community work. City Councilwoman Heather Hutt (District 10) will present a Council certificate to Russell on Friday, honoring his retirement from professional basketball and his ongoing dedication to empowering local youth and communities. Across an 18-season career, Westbrook compiled a legendary resume. A nine-time All-NBA selection, two-time scoring champion, and three-time assists leader, he average
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6 trophies and 126 goals: Lionel Messi's international career in numbers
Lionel Messi made his international debut in August 2005, coming on in Budapest as an 18-year-old for a friendly against Hungary. Twenty-one years and more than 200 appearances later, he said goodbye to the national team as a world champion and Argentina's record-holder. So what did the football legend's international career look like in numbers? 208 - Appearances Messi made for the national team, the most in Argentina's history. Javier Mascherano is second with 147 caps. 126 - Goals he scored
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“It has been draining”: Gauff admits being affected by racist abuse following Beijing exit
Coco Gauff said online racist abuse had left her feeling exhausted after she went out of the China Open with her loss to Elise Mertens on Wednesday. The American world number four, who is Black, turned in an uncharacteristically listless performance in Beijing, double-faulting eight times as she went down 6-3, 6-3 to her Belgian opponent. Hours after the upset, Gauff withdrew from the Wuhan Open, a WTA 1000 hardcourt event she won last year, citing fatigue. Gauff, 22, was playing a day afte
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Djokovic extends remarkable run in Beijing to seal 102nd career title
Novak Djokovic won his seventh China Open title after Australia's Alex de Minaur retired with a groin injury during the final on Tuesday. De Minaur left the court for a medical timeout after losing the first-set tiebreak but played on with his left thigh heavily bandaged. He had to stop after winning the first game of the second set, leaving him trailing 7-6(3) 0-1. "I don't feel great... I want to say sorry to all the amazing fans," said De Minaur at the trophy presentation. "I didn't
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